IPTN-Europe opens branch

IPTN-Europe opens branch

JAKARTA (JP): The state-owned aircraft manufacturer PT
Industri Pesawat Terbang Nusantara (IPTN) will soon open a branch
office in Bandung, West Java, for its German-based subsidiary,
IPTN-Europe GmbH.

The branch office in Bandung, according to the Antara news
agency, is expected to assist IPTN-Europe's legal and financial
administration and provide the company with the latest data on
the development of IPTN's products.

IPTN's management appointed Salomo Pandjaitan the president
and chief executive officer of IPTN-Europe, C.J. Spies the vice
president for sales and marketing, Samsurizal the head of
procurement, Evan Elvino the head of finance, and Brigitte Uben
the executive secretary.

Meanwhile, Darwin Taher was appointed the company's vice
president for European Liasons and will be in charge of IPTN-
Europe's office in Bandung.

IPTN-Europe is a joint venture between IPTN and Aircraft
Services Lemwerder (ASL). It was established in June, 1995, when
IPTN acquired a 25.1 percent share in ASL.

ASL is the sole distributor of IPTN's N-250 aircraft in
Europe, while IPTN is the sole distributor for ASL's products in
Southeast Asia. (pwn)